3% Down and NO PMI. Ready to BUY A Home? Posted on July 18, 2018 - 10:45 AM by Red Hilton Saving for a down payment is often the biggest hurdle for home buyers, but it doesn't have to be! Almost half of all home buyers are unfamiliar with alternative down payment options (which allow as little at 3% down). If you're saving for a large down payment, keep in mind 2 things. Every $10K down only reduces your mortgage payment by about $50 a month AND there are mortgages with NO PMI and 3% down. Whether you have just started to save for a down payment, or have been saving for years, you may be closer to your dream home than you think! Let’s meet up so I can help you evaluate your ability to buy today. Thinking of making a move? Keep us in mind. For all your Real Estate Decisions...think RED! AskForRed.com Comments There are no comments for this post.